Economic Crisis

    • Carnegie.ru Commentary

    Digital Monopolies: Dividing the Big Data Pie in Russia

    Companies close to the Kremlin are creating a monopoly on data in Russia. Although the data market has yet to take shape, it has already been turned into a monopoly by the president’s decisions. Competition takes a back seat to matters of national importance.

    • Op-Ed

    Putin’s Botched Pension Reform

    Russia’s crony-capitalist economic model requires an ever-increasing volume of funds to be burned on lavish mega-projects that generate huge profits for a dozen families close to the Kremlin. Now it seems to be pensioners’ turn to make the sacrifices needed to finance the appetites of Russia’s new aristocracy.

    • Op-Ed

    New Sanctions Won’t Hurt Russia

    Washington thinks punitive measures will change Moscow’s calculus, but the Russian economy is doing just fine.

    • Event

    Russian Economic Challenge 2018

    On September 19-20, 2018, the Carnegie Moscow Center held its third annual Russian Economic Challenge conference, organized by the Carnegie Moscow Center in partnership with the Moscow School of Management SKOLKOVO.

    • Carnegie.ru Commentary

    Russia’s New Agenda: Choosing Between Two Versions of State Capitalism

    In an economic system that wasn’t so focused on solving government problems or fulfilling the “public agenda,” the state wouldn’t have to find ways of extracting funds from business to spend on social programs.

    • Carnegie.ru Commentary

    “No Trust”: What Russians Think About the Pension Reform Plan

    The government’s pension reform plan has shocked the majority of Russians, who, in focus group discussions, expressed confusion, fear, and frustration with the government, including President Vladimir Putin himself. Russians expect the proposed measures to pass. But they are also prepared to resist them in various ways, and they want concessions and guarantees of employment and healthcare, especially for society’s most vulnerable members.

    • Op-Ed

    How to Fix Russia’s Broken Banking System

    Russian banking system needs a supervisory authority independent of the central bank. Retail banks should be prohibited from investing in non-liquid assets, while the liquid securities market should be saved for investors

    • TV/Radio Broadcast

    Gains & Pains?

    Dutch disease is a very common condition among resource-rich nations but its effects on the body of the economy, as well as the potential cure, are always country-specific. What would it take for Russia, both politically and economically, to wean itself off the hydrocarbon windfall?

    • Carnegie.ru Commentary

    How Transitional Institutions Could Transform Russia’s Economy

    Transitional institutions cannot be effective unless economic agents are confident that the state will fulfill its commitments and that the rules of the game do not depend on the discretion of a ruler. Empirical evidence shows that democracy protects investors from expropriation better than dictatorships do, thereby resulting in faster economic growth.

    • Carnegie.ru Commentary

    RIP Russian Banks: How to Resuscitate a Moribund System

    Watching the drama of Russia’s private banks collapsing one by one naturally triggers fear: of more than 3,000 registered banks, about 2,600 have already lost their licenses. After the bailout of Otkritie and BIN, the government’s share in Russia’s banking system assets exceeds 80 percent. Fixing Russia’s banking system requires addressing the deep and systematic flaws in the central bank and the financial sector at large.

Carnegie Experts on
Economic Crisis

  • expert thumbnail - Baunov
    Alexander Baunov
    Senior Fellow
    Editor in Chief of Carnegie.ru
    Moscow Center
    Baunov is a senior fellow at the Carnegie Moscow Center and editor in chief of Carnegie.ru.
  • expert thumbnail - Gabuev
    Alexander Gabuev
    Senior Fellow and Chair
    Russia in the Asia-Pacific Program
    Moscow Center
    Gabuev is a senior fellow and the chair of the Russia in the Asia-Pacific Program at the Carnegie Moscow Center.
  • expert thumbnail - Kolesnikov
    Andrei Kolesnikov
    Senior Fellow and Chair
    Russian Domestic Politics and Political Institutions Program
    Moscow Center
    Kolesnikov is a senior fellow and the chair of the Russian Domestic Politics and Political Institutions Program at the Carnegie Moscow Center.
  • expert thumbnail - Movchan
    Andrey Movchan
    Nonresident Scholar
    Economic Policy Program
    Moscow Center
    Movchan is a nonresident scholar in the Economic Policy Program at the Carnegie Moscow Center.
  • expert thumbnail - Samorukov
    Maxim Samorukov
    Deputy Editor of Carnegie.ru
    Moscow Center
    Samorukov is deputy editor of Carnegie.ru.

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